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Luận văn thạc sĩ nghiên cứu ueh factors influencing male consumer puchase intentions a study of care products in ho chi minh, khảo sát thực trạng, phân tích nguyên nhân, đề xuất

Chuyên ngành

Master Of Business

Người đăng

Ẩn danh

Thể loại

Luận văn

2015

85
2
0

Phí lưu trữ

30 Point

Mục lục chi tiết

DECLARATION

ACKNOWLEDGEMENTS

TABLE OF CONTENT

1. Chapter 1: INTRODUCTION

1.1. Background

1.2. Management problems and questions

1.3. Research objectives and values

1.4. Scope

1.5. Structure of study

2. Chapter 2: LITERATURE REVIEW, HYPOTHESES AND RESEARCH MODEL

2.1. Introduction

2.2. Theory of Reasoned Action (TRA)

2.3. Normative factors impact on men purchasing behaviors

2.3.1. Family

2.3.2. Spouse

2.3.3. Friend

2.4. Product attributes impact on men purchasing behaviors

2.4.1. Quality

2.4.2. Packaging

2.4.3. Price

3. Chapter 3: RESEARCH METHODOLOGY

3.1. Population, sample size and sampling method

3.2. Adjust the scale

3.2.1. Beliefs in product attributes

3.2.2. Attitudes toward applying skin care products

4. Chapter 4: DATA ANALYSIS AND RESULTS

4.1. Descriptive of statistics

4.2. Exploratory Factor Analysis (EFA)

4.3. Confirmatory Factor Analysis (CFA)

4.3.1. Introduction for CFA

4.3.2. CFA factor “Beliefs in product attributes” testing

4.3.3. CFA 3 factors personal image, attitudes toward applying skin care products and purchase intention testing

4.3.4. CFA factor “Normative influences” testing

4.3.5. Composite reliability (CR) and average variance extracted (AVE) testing

4.3.6. CFA for whole model testing

4.4. Structural equation modeling (SEM)

4.4.1. Model estimations by bootstrap

4.4.2. Limitations and direction for further research

APPENDIX A: Reliability analysis (Cronbach’s Alpha coefficient)

APPENDIX B: Exploratory factor analysis (EFA)

APPENDIX C: Qualitative questionnaire

APPENDIX D: Quantitative questionnaire

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UNIVERSITY OF ECONOMICS HO CHI MINH CITY International School of Business ------------------------------ Phan Van Nam FACTORS INFLUENCING MALE CONSUMER PURCHASE INTENTION: A STUDY OF SKIN CARE PRODUCTS IN HO CHI MINH CITY MASTER OF BUSINESS (Honours) Ho Chi Minh City - Year 2015 LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com UNIVERSITY OF ECONOMICS HO CHI MINH CITY International School of Business ------------------------------ Phan Van Nam FACTORS INFLUENCING MALE CONSUMER PURCHASE INTENTION: A STUDY OF SKIN CARE PRODUCTS IN HO CHI MINH CITY ID: 22120095 MASTER OF BUSINESS (Honours) SUPERVISOR: Dr. VO THI NGOC THUY Ho Chi Minh City - Year 2015 LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com DECLARATION I hereby declare that this thesis titled “Factors influencing consumer purchase intention: A study of private labels in Ho Chi Minh City” is definitely my own work and effort and that is has not been submitted anywhere for any award. Where other sources of information have been used in this thesis, they have seriously been cited. Signature: Phan Van Nam Date: 08/02/2015 1|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com ACKNOWLEDGEMENTS This thesis has been implemented with the contributions and encouragements from faculty of International School of Business - University of Economics Ho Chi Minh City, family, and friends. I would like to express our gratitude to all of their supports. Without these supports, I would have had a tough time. Firstly, I would like to give big thanks to my supervisors at International School of Business - University of Economics Ho Chi Minh City, Professor Nguyen Dinh Tho and Doctor Vo Thi Ngoc Thuy. Their knowledge, experiences and helps have really been useful for me to make this thesis such as their encouragements, and patience in providing valuable regards and recommendations on previous drafts. Without their guidance, my thesis would not have been completed. Secondly, I would like to address the deep appreciation to people who had read and gave the information and advices that have made my thesis possible. Finally, I would like to thank all people in Ho Chi Minh City who had cooperated to answer my questionnaire. 2|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com TABLE OF CONTENT ABSTRACT .2 Management problems and questions.3 Research objectives and values .5 Structure of study. 10 Chapter 2: LITERATURE REVIEW, HYPOTHESES AND RESEARCH MODEL .2 Theory of Reasoned Action (TRA) .3 Normative factors impact on men purchasing behaviors .4 Product attributes impact on men purchasing behaviors .6 Men’s attitudes toward applying skin care products .1 The relationship between Personal Image and Normative Influences .2 The relationship between Beliefs in Product Attributes and Attitudes .3 The Relationship between Personal Image and Attitudes .4 The relationship between Normative Influences and Behavior Intention . 20 3|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.5 The relationship between Attitudes and Behavior Intention . 21 Chapter 3: RESEARCH METHODOLOGY.3 Population, sample size and sampling method .1 Adjust the scale.1 Beliefs in product attributes .4 Attitudes toward applying skin care products . 30 Chapter 4: DATA ANALYSIS AND RESULTS.2 Descriptive of statistics .4 Exploratory Factor Analysis (EFA).5 Confirmatory Factor Analysis (CFA).1 Introduction for CFA .2 CFA factor “Beliefs in product attributes” testing . 36 4|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.3 CFA 3 factors personal image, attitudes toward applying skin care products and purchase intention testing .4 CFA factor “Normative influences” testing.5 Composite reliability (CR) and average variance extracted (AVE) testing .6 CFA for whole model testing .6 Structural equation modeling (SEM).2 Model estimations by bootstrap .3 Limitations and direction for further research . 55 APPENDIX A: Reliability analysis (Cronbach’s Alpha coefficient) . 62 APPENDIX B: Exploratory factor analysis (EFA). 67 APPENDIX C: Qualitative questionnaire . 70 APPENDIX D: Quantitative questionnaire. 74 5|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com LIST OF FIGURES Figure 2.1: CFA factor beliefs in product attributes (Standardized estimates) .2: CFA factor personal image, attitudes toward applying skin care products and purchase intention (Standardized estimates) .3: CFA factor normative influences (Standardized estimates) .4: CFA result for whole model (Standardized estimates) .5: Estimated structural model (Standardized estimates) . 47 6|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com LIST OF TABLES Table 3.1: Timeline of research implement .2: Sources of questionnaire .1: Descriptive of statistics .2: Correlation between 4 components .3: Correlations between 3 components .4: Summarizes the results of testing the scales .5: Compares CFA results of between the two times implementations.6: Correlations between 5 concepts .7: Results of testing the causal relationships between studied concepts .8: Estimated result by the bootstrap with N = 1000 .9: Summary result of testing hypothesis. 49 7|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com ABSTRACT The research aims to some factors affecting on men's intention to buy male skin care products in Ho Chi Minh City, Vietnam. Fishbein and Ajzen’s theory of reasoned action model is applied as a theoretical framework to conduct the research; it is also supported factor "personal image". The research question measures the impact of factors "beliefs in product attributes, personal image, normative influences, and attitudes toward applying skin care products" to men's consumer purchase intention on buying male skin care products. Based on research purposes, a questionnaire was developed and distributed selectively to Vietnamese male consumers aged 23 to 55 years in Ho Chi Minh City who work both indoors and outdoors. 250 appropriate questionnaires were collected and then tested model fit by confirmatory factor analysis and structural equation modeling in Amos version 22. The results of the study confirm that all factors "beliefs in product attributes, personal image, normative influences, and attitudes toward applying skin care products" have effects on purchase intention in buying men's skin care products among Ho Chi Minh male consumers. Therefore, applying theory of reasoned action to explain men's purchase intention to skin care products in Ho Chi Minh City is appropriate. Key words: Skin care products, cosmetic, personal image, product attributes, purchase intention, normative influences. 8|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com Chapter 1 INTRODUCTION 1.1 Background Nowadays, with development of technology, science, society, economy and education, people tend to have more demand for a better life. Relating to the development of purchasing power in consumers and market trend that people become more conscious of hygiene and beauty (Souiden & Diagne, 2009), so beauty care industry grows up sharply, especially in Vietnam. This is the desired market for both domestic and multinational companies. Thus they enter to this market continually to gain big profit. Most of people would like to be beautiful, healthy and good looking. Previously, it is said that beauty products have always been regarded a "specialty" for women rather than men, but now, it can be easy to see that Vietnamese men need more beauty for themselves. People are interested in a smooth and bright skin with an ideal body shape for a perfect personal image (Nair et al. Men’s tending to use cosmetics is sharply increasing, particularly among the youth. Goods for men exhibited separately and rich, from body deodorant, hair styling gel, perfume, shower gel, shampoo, cleanser and lip balm. As a result, men pay more attention to support patterns of beauty and are more sensitive to the products alternatives, like many products are launched to the market to convince customers to believe that its can improve their appearance. As the demand for beauty is not something reserved for the weaker sex again, the market for male cosmetics is fertile ground for business. Of course, in Vietnam, the revenue figures for male cosmetics cannot have fast growth, but also growing day by day.2 Management problems and questions While it is assumed that make up is as a joneses of young people in their 20s, some market research shows that the most buying customers are the middle class entrepreneurs who are trying hiding destruction of age, smoking, and stress. Although, 9|Page LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com buying more skin care products, approximately 80% men mainly purchase by others such as wife, company (Sukato & Elsey, 2009).3 Research objectives and values The study investigates attitude towards applying skin care products and normative influences on men’s purchase intention. The focus is the impact of personal image and beliefs in product attributes on men’s using attitudes. To do so, the study can permit to understand more thinking of men about personal image, what they feel after using cosmetics and what customers trust before buying cosmetics, both of them are market trends and purchasing evaluation in skin care market of men in Ho Chi Minh City. The study also examines components in society that affected on men’s personal image. It is important to understand both relationship between men’s behavior and normative influences, to set up marketing mix strategy for not only men but also people who is important for them such as family, wife, friend. From those things above, all companies will find out appropriate way to expand and develop skin care market for men in Vietnam, especially in Ho Chi Minh City.4 Scope This study is limited to research on factors affecting by men perspective toward their purchasing decision making of skin care products in Vietnam’s market, particularly in Ho Chi Minh City. Moreover there is more convenient, accessible and directly to the point, in order to target the men who are in the age range between 23-45 years old and living, working in Ho Chi Minh City as the respondents for the questionnaire survey. The questionnaires will be distributed to respondents during the beginning of May 2014 to the ending of Sep 2014. The study will finish at the end of Oct 2014.5 Structure of study The structure of the study is divided into five chapters. Chapter 1 gives an overview of the research topic. Chapter 2 presents the theory of reasoned action (TRA) and research models. Chapter 3 shows the methodology for testing the model scales and the proposed hypotheses. Chapter 4 illustrates the analysis of information and research 10 | P a g e LUAN VAN CHAT LUONG download : add luanvanchat@agmail. Chapter 5 summarizes the results of the study, the contributions and limitations of the study to guide the further research. 11 | P a g e LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com Chapter 2 LITERATURE REVIEW, HYPOTHESES AND RESEARCH MODEL 2.1 Introduction Chapter 1 presents an overview of the research topic. Chapter 2 introduces theory of reasoned action that is developed in the world and give the model the including components of theory of reasoned action. This chapter consists of seven main components: (1) Theory of Reasoned Action (TRA), (2) normative factors impact on men purchasing behaviors, (3) product attributes impact on men purchasing behaviors, (4) personal image, (5) Men’s attitudes toward applying skin care products, (6) purchase intention, (7) research model.2 Theory of Reasoned Action (TRA) This study uses the theory of reasoned action (TRA) as a theoretical frame-work to illustrate male consumer purchasing behavior regarding skin care products in Ho Chi Minh City, Vietnam, which is developed by Martin Fishbein and Icek Ajzen in 1980. The structure of TRA is described in the formula below. B ~ BI = (Aact) w1 + (SN) w2 = and SN = Bi: the relationships between beliefs; NBjMCj: normative structures; Aact: attitudes toward behavior; SN: subjective norms; BI: behavioral intentions; B actual behavior. To apply TRA into this study, a person’s behavior is predicted by someone’s attitudes toward that behavior and how that person thinks other people would view them if he/she performed the behavior. A person’s attitude, combined with subjective norms, forms someone’s behavioral intention. If a person has positive attitudes about something, he/she will have bigger purchase intention on buying it. To investigate men behavior in Ho Chi Minh City, TRA model is appropriate choice for because it predicts consumer behavior and provides an explanation of that behavior (Manstead, 2004). Furthermore, it is applied broadly for most various attitudinal investigations (e.

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